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Glossary

Objective 1.02

QuestionAnswer
Conceptual skills The ability to see the big picture and think about how things will work together.
Controlling The managment fuction that monitor the work effort
Directing The management fuunction of providing guidance to workes and work projecs.
Exective management Top-level managment
Financial resources All the sources of money available to a bussines
Frist-line management Supervisors who work directly with the employees wo carry out the business routine work.
Goals Objectives
Human resources People who work to produce good or services
Information Knowedge facts or data
Interperosonal skills The abilit to communicated interact and buld relationships with others
Mangagenment The process of coordinating reources to accomplish and organization goals
Mangementfunction Group of activities elated to managment planning organizing staffing directing and conolling.
Manager Individual whose job involes carying out managment functions
Material resource Equipment and supplies used by businesse in their operation
Mid-level management Managers who report to top level anagement andwhp have supervidors who repost to them.
Orgnizing The managment function of setting up the way the business work will be done
Planning The management function of deciding what will be done and how it will be accomplihed
Resources Iteam that can be used to produces goods and services
Staffing The management function of setting up the way the business work will be done.
Strategic planning Long-range planning (three to five years) for the company as a whole
Strategies Plan of action for achieving goals and services
Supeervisory management First-line management
Tactical planning Short-ranger planning (one year ) of specific action the business will take
Technical skills Ability to understand the specializelized aspects of jobs
Top-level management All managers who are responsible for the operation of the company or a business unit.
Created by: Sreyes936
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